This paper develops and tests a model of Japan’s household savings rate, based on the life-cycle hypothesis that the … primary motive for savings is provision for retirement. The paper shows that Japan’s high household savings rate in recent … improvements in public pension benefits and the aging of the population. It projects that the savings rate will decline …

Household savings behavior in China during the past 30 years has been studied by using econometric models with the time …

Despite Mexico’s recent remarkable progress in adjusting its fiscal and external accounts and in restructuring its … economy, the recovery of growth has remained elusive. This paper reviews some aspects of Mexico’s recent performance and …

This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing … for the possible heterogeneity of savings behavior across countries and the inclusion of dynamics. It shows that … neglecting heterogeneity and dynamics can lead to misleading inferences about the key determinants of savings behavior. The …

resources, including the mobilization of savings to finance domestic investment …

-term savings funds but due to low remuneration and other factors usage has remained limited. The paper also argues that regional … savings in the form of reserve accumulation must be sufficient to ensure the stability of the common currency. While the … country-specific savings decisions and the setting of a regional reserve target. Strengthening and diversifying reserve …

strengthening in domestic savings and rise in domestic investment permanent, auguring well for accelerated growth within a …